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Atul Ltd | Annual Report 2016-17
As at March 31, 2016
(
`
cr)
Type of hedge
Change in
the value of
the hedging
instrument
recognised
in Other
Comprehensive
Income
Hedge
ineffectiveness
recognised in
profit or loss
Amount
reclassified
from cash flow
hedging reserve
to profit or loss
Financial
Statement line
item affected
Cash flow hedge
i)
Foreign exchange risk
(0.89)
–
(0.17)
Revenue and
inventories
ii) Interest rate risk
(0.01)
–
(0.11)
Finance costs
Movements in cash flow hedging reserve
(
`
cr)
Risk category
Foreign currency risk
Derivative instruments
As at
March 31, 2017
As at
March 31, 2016
Balance at the beginning of the period
(0.59)
(0.28)
Gain | (Loss) recognised in Other Comprehensive Income during the year
(0.73)
(0.90)
Amount reclassified to revenue during the year
0.59
0.28
Tax impact on above
0.25
0.31
Balance at the end of the period
(0.48)
(0.59)
Note 27.9 Capital Management
Risk Management
The primary objective of Capital Management of the Company is to maximise Shareholder value. The Company monitors
capital using Debt-Equity ratio which is total debt divided by total equity.
For the purposes of Capital Management, the Company considers the following components of its Balance Sheet to manage
capital:
Total equity includes General reserve, Retained earnings, Share capital, Security premium. Total debt includes current debt plus
non-current debt.
(
`
cr)
Particulars
As at
March 31, 2017
As at
March 31, 2016
Total debt
155.23
301.67
Total equity
1,920.82
1,592.15
Debt-Equity ratio
0.08
0.19
Note 27.10 Segment information
In accordance with Ind AS 108 'Operating Segment', segment information has been given in the Consolidated Financial
Statements of Atul Ltd, and therefore, no separate disclosure on segment information is given in the Standalone Financial
Statements.
Note 27.11 Earnings per share
Earnings per share (EPS) - The numerators and denominators used to calculate basic and diluted EPS:
Particulars
2016-17
2015-16
Profit for the year attributable to the Equity Shareholders
`
cr
285.30
274.45
Basic | Weighted average number of Equity shares outstanding during
the year
Number
29,661,733
29,661,733
Nominal value of Equity share
`
10
10
Basic and diluted EPS
`
96.18
92.53
Notes
to the Financial Statements